What should a CBD oil merchant do if the monthly sales volume is over 25K in the USA?

Merchant Services Q&ACategory: CBD Merchant AccountWhat should a CBD oil merchant do if the monthly sales volume is over 25K in the USA?
Bankim Chandra Staff asked 5 months ago
1 Answers
Bankim Chandra Staff answered 5 months ago

In most cases USA based processors limit the monthly sales volume between 20K to 25K. If you are sure that you will cross that limit then you have few options

  • Get additional accounts. You can approach another high risk merchant account providers that may cater to your requirements
  • Start accepting payments by other modes. You know that credit and debit cards are not the only modes of payments. Explore options like ACH, Echeck, Bank to Bank transfer.

Hope this helps!